The Pardu

The Pardu
Watchful eyes and ears feed the brain, thus nourishing the brain cells.

Tuesday, April 22, 2014

Connect The Dots USA: Federal Spending (Federal Income Tax Dollars)







This graph separates federal income tax dollars from the dedicated payroll taxes that go to Social Security and Medicare Part A. As you can see, in 2013 only 2% of Federal spending went to Education. Meanwhile, a staggering 27% goes to Military and another 5% goes to interest on the military portion of the debt. There is even more military-related spending tucked away in other buckets like Education


We do spend another huge chunk on Health, with almost half of that going to Medicare doctor and prescription drug payments not covered by Medicare’s payroll tax or enrollee premiums. As we saw in “The American Healthcare Crazy Quilt,” health spending is also a reflection of our enormously expensive, inefficient and fragmented healthcare system:

Did you finish your taxes? If so, get a receipt for your own federal income taxes here:

For Form 1040, use line 61 (but subtract any self-employment tax on line 56 since that is payroll tax not income tax).

You can also get a receipt here: 
Percentages vary a bit from the National Priorities’ receipt because of differences in how govt functions might be categorized.

Do the results surprise you? Do they reflect your Priorities?

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